This is what happen when someone is only understand about the theory than practical.
I live in a country where the minimum wage is $400 and I will break down my daily spending. Let's say every Bitcoin transaction cost for $0.5 every transaction, in the morning I need to buy a cup of coffee for $0.75 and a sandwich for $1, in the afternoon I need to buy fried rice for $1.5, then in the evening I need to buy cookies and bread for $1.5, I also visit a gas station to buy fuel for $5.
This mean my daily spend is $0.75 + $1 + $1.5 + $1.5 + $5 = $9.75, this what the cost if I pay using cash or digital cash.
If I pay with Bitcoin, then my daily spend would be $9.75 + ($0.5 x 5) = $12.25
Which one is cheaper, using cash or Bitcoin for daily spending?
This is an analysis that shows that in a long time fiat will still be around because if you look at the fees for just a $ worth of coffee, sandwich and other little exigencies, you will see that bitcoin will be more preferred for major payments and not for little expenses to run the home. This shows bitcoin and fiat to exist side by side and moreover, bitcoin is more important for privacy payment deviod of third party. I would rather retrain myself from spending such fees for things like daily spending while using fiat to run such. |
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should Africans agree for military takeover of all the Africa nations for proper restoration of African glory. or they should remean in corrupt democratic government .
what are your say on this......
I have heard the saying that the worse kind of democracy is better than the best military rule but African leaders were or are leading the people of Africa with dishonesty, impunity to the law which is very important. If the military could return the people back to democracy with an election, that will be fine. However, that is another difficult task to do as they say it is not easy to give up power when you have it . |
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First I want talk say you no mention the graduate parol levels. Like e get when e be say for naija if you never enter university or poly, you never begin and because of that almost every family get one graduate there.
Well the japa level unto another trend wey go follow am, hmmm me I see say the level go be when we go begin see deportees. Like time go come wey some men go dey use their hand go airport say dem want come back unto say suffer go still dey there when people don full for mouth and the economy don dey over stretched. South Africa now dey face dat kind of situation as men don dey leave dere because of hardship and infrastructures wey don dey drop.
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I get to understand the point of what you're saying. We're living in the modern day so basically life is truly better than of 30's.
With vast opportunity and with the help of modern technology, anyone can do the impossible before like working for someone who's from offshore and just stay at home and work all day long sitting in front of his computer in his bed room.
But you know what's the problem these days aside from economic status of each individual? The stress has gotten bigger than before. And that's like a stress reliever when someone eat out and treat themselves to release the stress hormones.
Although it's not that as luxury as what you're saying, typical living is still enough for someone but can't afford a luxurious life. We tend to be more grateful these days as we've gone through a lot.
To the extent that you alluded that now is better than the 1930s, have you asked around within the older folks to know if they would concur with you... Truly they won't. They will tell you life was far more better than what it is today. That they prefer the undiluted air and the natural breath they had without diffused with carbonmonoxide. They will tell you they enjoyed the serene and tranquil environment they had. What about the natural foods that more or less is a recipe for longevity, what about inflation and poverty that has left luxurious life to the exclusive of the rich and many more they could point at. If you want to do a comparison of the life back then and now, you will see it is a whole lot of array you want to discuss that put different opinion for and against the time then and now. |
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I would say that a star players involvement might not greatly affect some games but others it would affect it wildly. As an outlier look at MLS league Miami before Messi joined and after. They were one of the worst teams and then a top team with Messi. I would definitely think the odds would swing wildly different if he did or did not plan on playing in a game, at least if it was known.
This is a good example on how star players can affect the club and in the case of MLS, Messi's presense has become a fortune for them making them top the league and also it creates huge spectators and fans during their games which means financially, they generate more money from the sale of tickets unlike before. Now the club reputation has increased after Messi help them lift the league which is the first trophy they have won. Do you know that the presence of messi. |
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Your post looks uncoordinated but something can be made out of it anyway. Apart from fall in supply which could lead to scarcity and the rise of the price of goods or services which is what is called inflation, you also have to know that the government can deliberately cause a level of inflation maybe moderately to control the amount of money in circulation. To this effect if government want to have the policy to circulate money, they could reduce the rate of interest on loan and that can cause money to be in the reach of many and that means more money chasing fewer goods. That will lead to inflation but it is artificial and can be controlled.
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Military regimes are not democrat nor are they sustainable. It's difficult to point to a current lasting military regime.
They turn authoritarian very quickly. The best case scenario is for a military regime to transition to a civilian regime, though people are reluctant to give up power once they achieve it, hence the perpetual state of violence in African countries.
You are not wrong in your assertion. However in Africa, it seems like both the civilian government and military government are the same and having the same characteristics only that the civilian still retain legislature who they gag to become the stooge or puppet to the president. The civilian also allow the judiciary as camouflage and never obey their judgement. So if the military after taking over would ensure that while returning the country back into a new democratically elected president would ensure he doesn't continue flagrant abuse of power, that would better. Africa needs working institutions and that is how military regime would stop . |
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If na to blame, we all know who to blame which is the government and at this point, I think we no suppose vote for the sake of political parties bjt we should rather vote for candidates we deam fit for a public position because we'll suffer it if anything bad happen as e dey already happen now.
My brother we vote for the person wey we suppose vote for but we see say the gang ups dey too much and one man say na im turn and no body fit talk. Even Buhari no support tinubu but whether Dem don drink something together wey make Dem no fit turn back . We all sharp our PVC and use an well and only youth votes for the country both north, east, west and south push APC out but today dem still rig am. So the wahala no be here. On top of the police matter, hmmm. Police, Army, Custom and all other agencies na function of wetin dey happen for the country. For country to dey better, it must start from the president himself because na him get the say unto how the government dey, no institution wey no be government. |
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I don't see any usefulness on that. No need calling people out because they might be good for other people who benefit from them. Or you can start by naming those you know by yourself if you want to make such list but honestly it is not worth it. What criteria would you use to make such list? If you would start from your country then it can be discussed.
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I think this generation does not really give in to horse racing compared to the older generation. Come to talk of it, I think it is just an old fashioned sports that is losing attention to the new generation. Aside that, the possibility why people do not think or give in to this particular sports is that the sports pattern is an outdated one and hence not attractive as well.
Myself I have not seen a horse for sometime now probably because I don't go to places I could see them lately at least places like the zoo but dogs are more common to see around and to know what capacity they could be used including sports and gambling. This will likely be the situation of the larger youth gambling population and of course they make up more of the gambling population. My point also is that it looks like horse racing is dying out and most casinos also don't usually include it on their games, they prefer card and table games like roulette, slots, blackjack. Moreover, majority of gamblers like the soccer game, I guess that is where the attention is and that is where casinos chase the gambling population to. |
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For clarity purpose, Nigeria, has not ban bitcoin, it is the central bank, that restricted banks from engaging in bitcoin transactions.
It was all political to say the fact at that time the government in power felt btc transfer was being used against them to fund #endsars protest. After that protest , the government traced those accounts that were registered with binance and link them to their fiat bank account and saw they were Nigerians who sent btc to finance the protest against police brutality. So that was the genesis of how they restricted those accounts. |
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That is really bad. The situation clearly shows that the scammer had no option to benefit from his hack. At this point he should have left the account but as you said it was pure revenge. It is pure evil. It's like if the money can't be mine it should not be anyone's. Bad day for OP.  On the other side, I guess it will be fine for op since the hacker couldn't get hold of the money. He would have felt really bad if another person took his money in such way to enjoy his sweat. It is a lesson for us all that before clicking on a link sent to you, you need to do some background check because a little mistake can little to regret. And another lesson is the need for 2FA google authenticator security activation to our accounts so that when hackers get succeed then they won't be able to run away with the money in the wallet. |
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I hope I am really wrong about this but I think there is a way that hackers can bypass even the Google authenticator 2fa and still login into your account if you fall a victim to their phishing stuff, Now here it is...
All said, I can reiterate that it is the link op clicked that got him into this. He was gunning for the bonus while the hacker was targeting his account. If you click a phishing website link then you have invested in a troubled waters, unfortunately I think that was what happened from his story. This is another lesson not to click just any link sent to you without verification of where it came from, I avoid them alot when they are sent through to my email. Sometimes they are not sent directly with the original site name but the link sent to you would bear the name and with such discrepancy, you don't need to click at all whether you activated 2FA or Google authenticator because these hackers are highly knowledgeable in tech. |
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BTC so been playing on stake for 3 years.
Last Sunday my balance went from 8 k to 10k I got phishing mail and I clicked thinking it was legit bonus as I was nearing level up.
The balance in your wallet is inconsequential to think of making such excuse for that happening to you now. Scammers will send attractive message for you to get you to compromise which you did. I think this is where the issue on your account started, you have compromised your account by clicking on a phishing mail sent to you and that directed your account towards the hackers domain. You are knowledgeable that it was a phishing site but because of the bonus you got tempted to open it instead of verifying from the casino and or report it. Well I think what you need to do is to reach out to stake and ensure your account is safe going forward. Is a good thing you secured your account further with 2FA. |
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How do you see it, if we use the time of studying women and romance, and think of money and how to make money. ?
These two are contradiction for me. Why do you need to study woman? Of what purpose will that be? You have to understand that some of these women related issues are natural and depends on how it is presented to you as an individual. Or have you not seen a situation where a wealthy man goes after a lady but she keeps rejecting the overture but rather choose a "poor guy" perhaps she will be happier with the poor person and sees potential with him whereas some ladies will immediately fall for any wealthy man, that is why I believe it is different for different people. Another point is the issue of making money. Sometimes it is destiny and not the amount of effort, strength or mussels you have. But money is good, it helps t sustain the human life in all ramifications. |
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Thanks to P2P which has widely gained ground as a decentralized means of transactions and reliable exchanges like Binance and Remitano, bitcoin users are increasing everyday.
You still gotta ask yourself how big the growth would be if there was no ban. Because bans can deter a lot of potential users who are scared to break the law. And also you gotta consider the possibility of crackdown on p2p exchange. The government might order banks to monitor for activity that looks like exchanging crypto and to ask their customers to explain the source of their money. From what Op said the P2P is an effect that grew more because of the ban or restrictions of bitcoin trading and I think the market would have had more positive growth if the restrictions were not there. In Nigeria like the op was making reference to, before the restrictions bitcoin was beginning to be discussed on the street and many youths were proud to identify themselves as bitcoin hodler (at least some fraction of it) or learning how to trade or somesort but now they are restricted and avoid to publicly speak loudly about it. So they rely on P2P platforms more which would have grown the Nigerian adoption faster than it is now.
2; Unemployment, where there is high rate of unemployed people, especially the youth, they will see bitcoin trading as a source of earning income.
I agree with you on this. I think unemployment is a huge factor driving more people and the youths in search of source to sustain. |
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On the countrary, I think the tournament is even made to lead more people into addiction and not to help gambling addicts. It is for those who are new in gambling to enjoy and play on a turn because an addict likes to play at anytime on his desire and not to be limited.
Gambling addiction is like a smoker or an addict who craves for his dose of drug at a particular point that he or she needs to take it and not wait for a dose. So, I don't see anyway socialtournament could help a gambling addict to stop the habit.
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In fact, politics is essential for a well-functioning social system.
To this end to the effect that it a also a means of balancing resources in the system or regions. It helps different groups of people with different interest to allign with the interest of the nation for proper cohesiveness. Politics if well utilized is the bedrock of governance because you can show solidarity or support to a needy set of people. Many people have shut themselves in politics when they don't understand the importance of it. |
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There are some people who have chosen gambling as a profession who have done this wrong thing. I think gambling is bad for me. People who can't control their greed while gambling lose all their money and end up in trouble. I gamble for pleasure not to make money. I thought I would abstain from gambling for a few days.
Those who have taken gambling as a source of income are mostly those that suffer in gambling because of that life style of continuous playing and losing. They get money from other source and gamble with it and they have hope that they will win the house. Someone who doesn't have control of limiting himself from regular player to playing occasionally has given himself to addiction. Addiction in gambling is because of trying to win all the time which is greed and a greedy person will always find it difficult to win bet because he will keep making mistake of going for the wrong games because of winning potential and leaving out potential winning games because of odd. |
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Those countries having devalued currency, they prefer to have $ in their bank because the exchange rate still favours it against the local currency at the long run but this is a knowledge open and accessible to the rich as they travel they have access to foreign currency and as they transact in their businesses.
In some countries where the local currency is down, to have access to dollar is still a problem, to open a domiciliary account to hodl USD, EURO or POUNDS is not easy in those countries. However, hodling your cash in USD is preferred and more valuable on the long run because it worth increases against the local currency if the inflation is high.
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